Best Large Mortgage Companies to Work For 2024

ByMaria Volkova, Andrew Martinez, Bonnie Sinnock, Spencer Lee

March 7, 2024 5:00 AM

National Mortgage News in partnership with the Best Companies Group is proud to announce the winners of the ranking of the Best Small Mortgage Companies to Work For. These are companies about the overall list of Best Mortgage Companies to Work For in 2024, who have over 500 employees.

This ranking is the result of extensive employee surveys and reviews employer reports on benefits and policies. The employee survey covers eight topics: leadership and planning; corporate culture and communications; role satisfaction; work environment; relationship with supervisor; training, development and resources; pay and benefits; and overall engagement.

Once the survey data is analyzed, the companies get a score that decides their ranking. The overall score is calculated using the employee survey (weighed at 75%) and the employer questionnaire (25%). To qualify for consideration, organizations with 25 or more employees need a minimum response rate of 40% while companies with 25 or fewer employees need 80%.

See the Best Large Mortgage Companies to Work For in 2024 below:

FBC employees gather at a company event.

FBC Mortgage

Headquarters: Orlando, Florida
Number of employees: 713

Website:

fbchomeloans.com

FBC Mortgage is led by CEO Joe Nunziata, a veteran of the business who has taken an active role in both the industry and his community. Nunziata has served on both the Mortgage Bankers Association's legislative committee and the board of adjustment for Longwood, Florida and taken on several other civic roles over time.

FBC has been similarly active in the community as the official partner for University of Central Florida athletics and its FBC Mortgage Stadium. The company has been recognized as a top workplace by both business and local publications.

Employee events it finds popular with staff include "pets at work," basketball tournaments and a field day. Professional education available to employees includes diversity training.

"Our CEO puts a strong emphasis on culture at Team FBC. We believe that it is important for our employees to enjoy their jobs and have a strong work/life balance," the company said in a statement submitted to Best Companies.

Company owners Tim Johnson, Joe Frank, Tony Grothouse, and Dave Lukacsko honoring top performers at its 2023 Founders Club event

carlosacosta121288@gmail.com

Revolution Mortgage

Headquarters: Westerville, Ohio
Number of Employees: 594

Website: revolutionmortgage.com

Although lending operations are spread out across the country, Revolution encourages collaboration and open dialogue that helps team members learn from each other, said founder and CEO Tony Grothouse. That effort includes a branch managers' summit held every year.

"Each market has its own challenges. Each branch manager is a little bit different, so we really try to make sure our system — how we operate — is nimble and flexible to support them and what they're trying to accomplish," he said.

Revolution also offers a founders club reward for its top performers across departments, flying them to a popular destination location, so they can celebrate their accomplishments.

Coastal Credit Union employees at a company gathering.

Coastal Credit Union

Coastal Federal Credit Union

Headquarters: Raleigh, North Carolina
Number of employees: 63

Website:

www.coastal24.com

Coastal was founded in 1967 and named credit union veteran Tyler Grodi as the company's third-ever CEO last spring. The company offers a wide range of mortgage products including HELOC loans and counts two dozen branches scattered around the Triangle area.

In the past two years, Coastal has added electronic closings for mortgages and launched a title business. The credit union counts more than 323,000 members and regularly appears on top local and state business rankings.

Lennar Mortgage

Headquarters: Miami
Number of employees: 1,370

Website:

lennarmortgage.com

Lennar Mortgage President Laura Escobar is the 2024 chair-elect of the Mortgage Bankers Association and the company serves one of the largest builders of homes in the United States.

The home lender has an active diversity, equity and inclusion program and seeks to develop talent that will represent the communities it serves. Lennar Mortgage also has a chief medical officer it hired during the pandemic, Dr. Pascal Goldschmidt, who distributes a "health and well-being" newsletter to company associates on a weekly basis.

In addition, the company offers online courses from Harvard Business School Publishing to associates.

Supreme Lending

Headquarters: Dallas, Texas
Number of employees: 1,284
Website: supremelending.com

Supreme Lending is a full service lender that has turned to technology to stay competitive in the mortgage industry.

According to a company spokeswoman, the lender offers a robust technology stack for originators to pick and choose from that best fits their business approach. Additionally, in 2023, the company launched a new artificial intelligence underwriting platform that "has greatly increased efficiencies and turn times."

The mortgage lender said it is also consistently enhancing its diverse lending products and adding innovative programs, such as the recently introduced HELOCs and the expansion of non-QM offerings and bond programs.

Supreme "loves any occasion to celebrate and enjoy time together."

"From our corporate office's all-out Halloween celebration and decorating contests to our annual holiday festivities, baseball opening day luncheon and monthly free lunches to welcome events, Supreme is dedicated to creating a fun engaging environment that people love and want to be a part of. "

Atlantic Bay Mortgage Group

Headquarters: Virginia Beach, Virginia
Number of employees: 803
Website:

www.atlanticbay.com

Atlantic Bay Mortgage, founded in 1996, is a retail shop nestled in a beach town in Virginia. The mortgage lender's plug for its success is fast closing times, a broad and niche range of mortgage products and "commitment to the community."

Atlantic has donated more than $2 million to charities, including to Roc Solid Foundation, a Virginia-based pediatric cancer foundation.

"[Our employees] exemplify three core values daily: we genuinely care, we inspire growth and we have fun," Atlantic Bay Mortgage's spokeswoman said in a written statement.

Fun activities include an annual costume contest on "Zoom-a-Ween" or holiday movie watchalongs during the winter months.